Rajesh Vashist - Dec 12, 2024 Form 4 Insider Report for SITIME Corp (SITM)

Role
Chief Executive Officer, Director
Signature
Samsheer Ahamad, Attorney-in-fact
Stock symbol
SITM
Transactions as of
Dec 12, 2024
Transactions value $
-$3,111,000
Form type
4
Date filed
12/16/2024, 07:51 PM
Previous filing
Nov 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SITM Common Stock Sale -$3.11M -12K -32.63% $259.25 24.8K Dec 12, 2024 See Footnote F4, F5
holding SITM Common Stock 434K Dec 12, 2024 Direct F1
holding SITM Common Stock 1.81K Dec 12, 2024 See Footnote F2
holding SITM Common Stock 1.81K Dec 12, 2024 See Footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes an aggregate of 240,443 shares of common stock issuable pursuant to previously reported restricted stock units and performance-based restricted stock units that have not vested. The unvested shares of common stock has been updated from prior reports due to an administrative error. These unvested units include 55,549 restricted stock units that vest over time, and 184,894 performance-based restricted stock units that vest based on certain absolute and relative price performance of the issuer's common stock over various performance periods.
F2 The reportable securities are owned directly by Aldebran Rajesh Family Dynasty Trust DTD 09/23/2021, of which the Reporting Person is one of the managers and has voting and investment power over the shares.
F3 The reportable securities are owned directly by Aldebran Rohini Family Dynasty Trust DTD 09/23/2021, of which the Reporting Person is one of the managers and has voting and investment power over the shares.
F4 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $257.00 to $260.50 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5 The reportable securities are owned directly by Aldebran Constellation LLC, of which the Reporting Person is one of the managers and has voting and investment power over the shares.